Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Swedish truck manufacturer Volvo Trucks will hire 200 employees at their plant in Tuve, Gothenburg. The newly hired employees will initially be contracted for six months but the management hopes to hire them permanently. The reason for employing the new workers on temporary contracts is because of the uncertain market according to factory manager Johan Jinhage. Volvo Trucks have rehired employees in several rounds recently (see fact sheets 14583, 15027, 15296, 15456)
Eurofound (2010), Volvo Trucks, Business expansion in Sweden, factsheet number 70840, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70840.